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Medtech startup Innovodigm raises Rs 5.5 crore in a seed funding round

  • Medtech startup Innovodigm raises Rs 5.5 crore in a seed funding round led by the Indian Angel Network and PadUp Ventures.
  • Funds will support process optimization, infrastructure scale-up, and team expansion for third-party preclinical validation and clinical trials.
  • Innovodigm develops a proprietary Microneedle Array Patch (MAP) platform for needle-free vaccine delivery with thermostable vaccines, reducing cold-chain requirements and medical waste.
  • Innovodigm plans to localize production with decentralized manufacturing hubs to address distribution bottlenecks in low- and middle-income countries.

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